Finance Manager (Real Estate/Private Equity)

Coda Search│Staffing; New York (NY); On-site; USD 120,000 - 160,000; Full time

Job summary

Private Investment Firm in NYC seeks a Finance Manager/Assistant Controller to lead capital calls, reporting, and financial operations within the accounting team. The role reports to the CFO and covers tax, close, and investor reporting.

The ideal candidate has 5+ years in fund accounting or auditing, with real estate PE/debt exposure, a B.S. in Accounting, CPA, and Big 4 experience preferred. Proficiency in Excel and MS Office is required.

Qualifications

• Bachelor degree in accounting and CPA certification required.
• Big 4 experience preferred and SEC reporting knowledge.
• Experience with fund accounting, real estate PE and debt structures helpful.

Responsibilities

• Oversee staff with capital calls, waterfalls, and quarterly/annual financials.
• Close process and financial reporting for Real Estate/PE Fund.
• Prepare expense and accrual analyses for quarterly reporting.
• Produce monthly NAV, allocations, and fund return reporting.
• Generate quarterly investor statements and assist in budgeting/forecasting.
• Manage cash flow forecasts and debt facilities oversight.
• Coordinate with CFO/Controller on firm reporting and reconciliations.
• Ensure compliance with fund credit facilities and portfolio asset reviews.

Skills

Analytical skills

Problem solving

Team player

Relationship building

Education

Bachelor of Science Degree in Accounting

CPA

Tools

Microsoft Office

Excel

Job description

Our client is a Private Investment Firm based in NYC currently seeking to add a talented Finance Manager/Asst Controller to their growing Accounting and Finance Team, this position will straddle the following responsibilities; Tax, Reporting, Accounting and Financial Operations, reporting directly to CFO.

About the job

Responsibilities

• Oversee staff with direct reports providing capital calls, waterfall distributions, quarterly and annual financials statements with related workpapers, and other ad-hoc projects
• Manage and oversee close process and financial reporting for Real Estate/PE Fund
• Prepare expense and accrual analyses for timely and accurate quarterly reporting
• Responsible for financial reporting process, including but not limited to monthly performance estimates, close packages/NAV, allocations, waterfalls and fund returns
• Generate quarterly investor capital statements and ensure reporting accuracy
• Develop and lead annual budget and forecast process
• Maintain fund expense budgets and allocations, tracking expenses and coordinating updates with fund administrator
• Perform drawdowns, interest expense and repo repayments financial statement preparation and cash reconciliations
• Assist in cash management forecasts and budgets along with debt facility oversight to establish capital available for investment.
• Collaborate with CFO/Controller on preparation of firm reporting and intracompany reconciliation process
• Oversight and compliance of fund credit facilities by accurately comprehending and interpreting the agreement, while maintaining a thorough knowledge of the assets in the portfolio

Qualifications

• Minimum 5+ years of experience in accounting function in fund accounting and/or auditor roles
• Exposure to both real estate private equity and real estate debt structures
• Bachelor of Science Degree in Accounting and CPA
• Prior or current Big 4 experience highly preferred
• Understanding of SEC reporting requirements (e.g. 10K & 10Q) and experience working with publicly listed or registered companies
• Knowledge of structuring and launch of new asset classes/vehicles.
• Assist in risk management
• Team player with excellent relationship building skills
• Experience with finance company accounting and private credit funds
• Proficient in Microsoft Office applications, advanced Excel skills
• Excellent analytical and problem-solving skills with the ability to work under pressure and meet tight deadlines in a changing environment with a high level of flexibility